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Showing Tag: "bitcoin falls below $35k for first time since january bitcoin began sliding amid hawkish comments from the u.s. federal reserve on wednesday" (Show all posts)

Bitcoin Falls Below $35K for First Time Since January Bitcoin began sliding amid hawkish comments from the U.S. Federal Reserve on Wednesday, which also brought down traditional markets.

Posted by Stacy Elliott on Sunday, May 8, 2022, In : Technical Analysis 



Bitcoin began sliding amid hawkish comments from the U.S. Federal Reserve on Wednesday, which also brought down traditional markets

Bitcoin fell below $35,000 on Sunday morning after declining almost 4% over the past 24 hours and nearly 9% over the last seven days. The market cap of the largest cryptocurrency tumbled to $658 billion, according to CoinMarketCap data. On March 28, that figure stood at more than $900 billion.

The downward pressure began after the Federal Reserve announced it would...


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